Stock Watchlist Weekly Newsletter
A TimingResearch.com Project
Issue for Sunday, January 12, 2025
NOT financial advice. Info for Education/Research/Entertainment purposes only.
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🟢 Stock Watchlist Weekly New Issue
The Stock Watchlist Weekly algorithm has analyzed thousands of stocks for both technical and fundamental positive indicators and returned 3 symbols as the best of the week for high-probability, index-beating gain potential, for both short term trader and long-term investor watchlists (with a focus on no-dividend or low-dividend growth-focused stocks).
As always, the algorithm is limited to assessing substantial public companies: NYSE or NASDAQ listed; highly liquid; optionable; share price under $500; either no dividends or dividend yield under 1%; picks from the last 90 days are also ignored.
NOT financial advice. Info for Education/Research/Entertainment purposes only.
📝 Stock Watchlist Weekly New Algorithm-Generated Selections:
💡 1) AYI - Acuity Brands Inc.
Basic Chart Analysis: AYI has traded in a steady uptrend, gaining 33% year-to-date, but has recently pulled back to test support at its 50-day EMA. RSI at 47 indicates neutral momentum. The stock remains above its 200-day EMA, keeping its long-term trend intact. A bounce from current levels could resume bullish momentum, while a break below the 200-day EMA would suggest further downside.
Basic Company Description: Acuity Brands Inc. designs, manufactures, and delivers lighting and building management solutions, including LED lighting, controls, and IoT-enabled systems for commercial, industrial, and residential applications.
ETF Major Holders: QCLN, SIMS, XMHQ
Sector: Industrials
Industry: Electrical Equipment
Market Cap: $9.45B
Dividend Yield: 0.20%
Exchange: NYSE
Security Price: $305.26
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